MCKINNEY, Texas, May 1 /PRNewswire-FirstCall/ -- Torchmark Corporation
(NYSE: TMK) announced today that on April 27, 2006, Lloyd W. Newton, 63, of
Lithia, Florida, was elected to its Board of Directors. Mr. Newton recently
retired as an Executive Vice President Military Engines of Pratt & Whitney.
A graduate of Tennessee State University (B.S.) and George Washington
University (M.A.), he retired from the United States Air Force in 2000 at
the rank of General after 34 years of service.
The Torchmark Board of Directors also announced a $.02 per quarter
increase in the dividend rate on its common stock effective with the August
1, 2006, dividend payment. The Board declared a quarterly dividend of $.13
per share on all the outstanding common stock of the Company held of record
as of the close of business of the Company's transfer agent on July 7,
2006, to be paid August 1, 2006.
Torchmark Corporation is a holding company specializing in life and
supplemental health insurance for "middle income" Americans marketed
through multiple distribution channels including direct response, and
exclusive and independent agencies. Torchmark has several nationally
recognized insurance subsidiaries. Globe Life And Accident is a
direct-response provider of life insurance known for its administrative
efficiencies. American Income Life provides individual life insurance to
labor union members. Liberty National Life, one of the oldest traditional
life insurers in the Southeast, is the largest life insurer in its home
state of Alabama. United American is a consumer-oriented provider of
supplemental health insurance.
SOURCE Torchmark Corporation
 back to top
Related links:
http://www.torchmarkcorp.com
http://www.prnewswire.com/comp/885425.html /
CONTACT:
Joyce Lane, Vice President, Investor
Relations of Torchmark Corporation, +1-972-569-3627, or fax,
+1-972-569-3282, or jlane@torchmarkcorp.com
|
